LEMONTREE trade ideas
LEMON TREE HOTELA breakout from the triangle would zoom up for nearly 18% while moving in the channel and possibly breaking it too.
LemonTree - EW5Based on my Analysis Lemontree is in 5th wave of 12345 impulse wave.
Below are my price points, on which I would enter and exit
Swing Trade
Enter - CMP, Stop Loss - 41.5
1st Target - 45.55
2nd Target - 49.5
3rd Target - 59.5
Will keep updating Idea till it is closed
LEMONTREE, bull power becoming stronger?Hello traders,
Lemontree has a 2 year old trendline which it tried to cross but failed.now there's a strong support where the stock hitted it yesterday and gave good upmove.
today this will surely give great move of more than 5%.
intraday tgt will be 44 or more.
we can take swing trade if it crosses the trendline with a possible tgt of 63-64 or more.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
Lemon treeLemon tree on a daily chart broken the descending trend line. It has done retest at the trend line and formed a bullish candle. Lets wait for the close and see upside rally
Lemon Tree Good Opportunity #LearningPlease refer to image for explanation. As a learner I have posted this, please let me know if you think there are missing in the post.
Thanks,
Lemon Tree Hotels - Long - above 65Buy Lemon tree hotels above 65 (CL)
Target 1 : 75.90
Stoploss : 61.5
Lemon Tree Hotels With Ladder Retrace BreakLemon tree retraced 30-50% and re-entered 30% level.
Unfortunately this also qualifies as weak break, the red resistance needs to be broken to say that Lemon tree has got successful break from Ladder retrace.
By the way SL can be maintained on 83 which is quite cheap, so one can go for it.
Stage 1 consolidation Breakout. Entry@86Lemontree has broken out on heavy volume. I have added a small position to see how the stock moves, will be gradually adding more if it works in my favor. March 19 annual earnings will give us more clarity on the financials as well. qoq earnings growth is not the greatest, I have bought the breakout on the onset of a fresh buying seen in Midcap and Smallcap, what looks like a new rally in the market induced by fresh buying by the FII's.
